PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2012 AND FOR THE YEAR THEN ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2011 AND FOR THE YEAR THEN ENDED AND AS OF JANUARY 1, 2011
Figures in tables are presented in billions of Rupiah, unless otherwise stated
91
37. RELATED PARTY TRANSACTIONS
In the normal course of its business, the Company and subsidiaries entered into transactions with related parties. It is the Companys policy that the pricing of these transactions be the same as those
of arm’s-length transactions.
a. Nature of relationships and accountstransactions with related parties
Details of the nature of relationships and transactionsaccounts with significant related parties are as follows:
Nature of relationships Related parties
with related parties Nature of transactionsaccounts
The Government: Majority stockholder
Finance costs and investment on Minister of Finance
financial instruments State-owned enterprises
Entity under common control Operation expenses, purchase of property
and equipment, construction and installation services, insurance expense,
finance costs, finance income, investment on financial instruments
Indosat Entity under common control
Interconnection revenues, interconnection expenses, telecommunications facilities
usage, operating and maintenance cost, leased lines revenue, satellite transponders
usage revenues, usage of data communication network system expenses
and lease revenues PT Aplikanusa Lintasarta
Entity under common control Network revenues, usage of data
“Lintasarta” communication network system expenses
and leased lines expenses Indosat Mega Media
Entity under common control Network revenues
PT Sistelindo Mitralintas Entity under common control
Network revenues CSM
Associated company Satellite transponders usage revenues,
leased lines revenues, transmission lease expenses
Patrakom Associated company
Satellite transponders usage revenues, leased lines revenues, transmission lease
expenses PSN
Associated company Satellite transponders usage revenues,
leased lines revenues, transmission lease expenses, interconnection revenues and
interconnection expense PT Industri Telekomunikasi
Entity under common control Purchase of property and equipment
Indonesia “INTI” PT Asuransi Jasa Indonesia
Entity under common control Insurance of property and equipment
“Jasindo” PT Jaminan Sosial Tenaga Kerja
Entity under common control Insurance expenses for employees
“Jamsostek” PT Perusahaan Listrik Negara
Entity under common control Electricity expenses
Persero “PLN” PT Pos Indonesia
Entity under common control Cost of SIM cards
State-owned banks Entity under common control
Finance income and finance costs BNI
Entity under common control Finance income and finance costs
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2012 AND FOR THE YEAR THEN ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2011 AND FOR THE YEAR THEN ENDED AND AS OF JANUARY 1, 2011
Figures in tables are presented in billions of Rupiah, unless otherwise stated
92
37. RELATED PARTY TRANSACTIONS continued a. Nature of relationships and transactionsaccounts with related parties continued
Nature of relationships Related parties
with related parties Nature of transactionsaccounts
Bank Mandiri Entity under common control
Finance income and finance costs BRI
Entity under common control Finance income and finance costs
BTN Entity under common control
Finance income and finance costs Bahana
Entity under common control Available-for-sale financial assets, bonds
and notes Koperasi Pegawai Telkom
Entity under common control Purchase of property and equipment,
“Kopegtel” construction and installation services,
leases of buildings, leases of vehicles, purchases of materials and construction
services, utilizes maintenance and cleaning services and RSA revenues
PT Sandhy Putra Makmur “SPM” Entity under common control
Leases of buildings, leases of vehicles, purchase of materials and construction
services, utilities maintenance and cleaning services
Koperasi Pegawai Telkomsel Entity under common control
Leases of vehicle, printing and distribution “Kisel”
of customer bills, collection, fee, and other services fee, distribution of SIM cards and
pulse reload vouchers PT Graha Informatika
Entity under common control Leased lines revenues, purchase of
Nusantara “Gratika” property and equipment,
installation and maintenance expense Directors and commissioners
Key management personnel Honorarium and facilities
Yakes Entity under significant
Medical expenses influence
b. Transactions with related parties
The following are significant transactions with related parties:
2012 2011
of of
Amount total revenues
Amount total revenues
REVENUES
Entity under common control Kisel
2,351 3.05
2,347 3.29
Indosat 1,033
1.34 857
1.20 Lintasarta
85 0.11
93 0.13
Sub total 3,469
4.5 3,297
4.62 Associated companes
Patrakom 80
0.10 67
0.09 CSM
47 0.06
57 0.08
Sub total 127
0.16 124
0.17 Others
30 0.04
28 0.04
Total 3,626
4.70 3,449
4.83